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Confused about Leasehold (LOOONG POST)
In some of my previous posts, I have mentioned that I am lookign to buy a flat in London as a BTL investment. Up till now, I have only ever bought a house which was freehold so I didnt really make much sense of how leasehold works so hopefully you guys can clear up things for me. I know that if I buy a leasehold flat, then…
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Shocked
Recently the sale of our house fell through. At the time we were going to buy a property in Norfolk and as we had a fixed rate on our mortgage we went to our current building society as we thought it would save money. We were arranging a mortgage of £70,000 and we had approximately £50,000 owing on our present mortgage. We…
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Mortgage in UK for person in Ireland
Hey there, apologies if this has been asked before. I live in Dublin now but would like to buy a flat back home in Glasgow. Can anyone recommend a bank that would allow me to do this (with decent rates) My old mortgage provider in Scotland (IF) who i still have a lot of money saved with will not help me out as i live…
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Not sure how bad a problem it is...
I have had an offer accepted on a house and from what I have seen of the house and area it seems to be very good value. I have just has the survey results and nothing much came up except that the roof is asbestos and will need replacing in about 5 years. It that really bad? Anyone got any idea of costs involved? :confused:…
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HELP! Will i have to pay
Hello everyone, in the process of selling the house, my husband and i will split the money when sold i think i should get around 60 to 65 thou wen all sorted i live in rented accomadation, And would not be able to afford to buy again, will i have to pay cgt on this money!!!!!!! What can i do WORRIED!!!!! many thanks
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Any experience with countrywide?
We had our offer accepted on the house we're buying 11 weeks ago and everything has been done, to the point of us signing our contracts. However, the seller is using Countrywide and as much as our solicitor, mortgage broker and his EA have tried we cannot get any answer from them as to when we can exchange. Everyone says…
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Another EA question...
We're looking to change our EA as coming to the end of our contract and not happy with ours. We live in a small town sandwiched between a larger town and a city. The agent we're currently with is located in the small town...and was the only one of the 5 that was at all professional when I went in as a buyer. I've not heard…
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Council Tax advice
I don't know if anyone can help, but it might ease my mind. After a divorce my house is finally sold this week and contracts exchanging on Wednesday ! yay. There is some council tax owing in my ex partners name, does this need to be paid before the sale will go through. Will the solicitor pay it and take it out of the…
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What would you do?
There's no obvious solution, I just wondered what others would do in our situation. BF and I are first-time buyers, and are in the process of purchasing a 2 bed house. The sellers had found a house they liked, had their offer accepted and it was all looking good as their sellers were moving into rented accommodation, ie a…
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Log Cabin Houses....anyone any experience??
Been thinking about buying a house for a few months now and by September will have saved enough for a good deposit and to cover the other costs. The max value property I could afford is £125,000. But, a friend of mine happend to go to a local company that supplies and installes log cabbins as homes. He went to see the show…
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Advice please regarding our mortgage
Sorry as im sure this is going to be a long one. Im explaining our situation on here in a hope to get some advice from other money savers. Ive starting to do this regading most parts of an income in other to cut in down so I can throw as much money as possible towards clearing my credit cards quicker so here we go.. Hubby…
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Reasonable access for viewings
my ll has notified me (verbally) that he intends to put his house up for sale on 8th april (2 months prior to end of tennancy) i know this is allowed and am fine with it.. awaiting confirmation in writing... tbh i dont really know my ll as i deal mainly with the agent even though its not full management but the neighbours…
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Can deposit be used to pay last rent
If a tenant on a statutory (month-to-month) tenancy has been served the required two-month's notice requiring possession by the landlords, on the last month can the tenants choose not to pay the rent and instruct the landlords to take that amount from the deposit (which is somewhat more than a month's rent)? After all, the…
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Buying a property - am I stupid not too?
Hi, I'm 24 and in my second job, but still live at home. Although not desperate to move out, I'm really starting to feel I should pretty much because I can get a mortgage, and without taking advantage of that it seems like dead money that I could be investing in property. I have a couple of proplems with buying property at…
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OMG! BBC Whistleblower - Estate Agents
I saw a trailer for this program being shown on BBC1 on Tuesday night. It's the usual journalist getting a job undercover to expose unscrupulous practice. Interesting for anyone interested in seeing exactly what they get up to, but get this... I know one of the agents being shown! :eek: In fact, I saw and spoke to him…
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Property ladder problems? - Become an MP
Sunday Times One minister will soon have claimed enough from taxpayers to pay off the mortgage she took out in 2001, while the property has doubled in value. "RUTH KELLY was under pressure this weekend to explain an apparent “black hole” in the Commons expenses she claims on a second home in her constituency. According to…
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Looking at showhomes
Hello, Hope someone can answer this query- if you want to look round a showroom for a new development do the sales people ask you lots of questions about whether your house is yet on the market, what your buying position is etc, or can you just turn up and look around without any hassle? Also, are you supposed to go to a…
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survey fees
Further to my earlier thread 'survey fees' i contacted the EA and now they are saying that the £250 we gave them was for valuation fees, and we agreed to pay them when we signed the AIP form. Well we did'nt atcually see this form as the mortage broker filled it out and he just asked us to sign it. Anyway in our Personnal…
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Just a thought on house buying
Before I attempt an ouvre on improving the buying and selling process, I just had the thought that the times when the sale falls though (and possibly the chain collapses), is there a significant proportion of "borderline" financial arrangements? What I'm getting at is that sales fail because purchasers are at their…
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Purchase delay
Can Anyone out there advise ? In the process of selling a flat in Kent. We did let it out so we have had to have it empty since the tenant moved out costing £100 a week. The purchasor put in an offer in September and since then the solicitors have dragged their feet. Two weeks ago finally everything was pronounced OK but…
